May 12, 2020 / 9:53 AM / 21 days ago

BRIEF-Shanghai Kinetic Medical Plans Private Placement Of Shares To Repay Loans, Boost Capital

May 12 (Reuters) - Shanghai Kinetic Medical Co Ltd :

* SAYS IT AIMS TO RAISE UP TO 1.1 BILLION YUAN ($155.17 million) IN PRIVATE PLACEMENT OF SHARES TO REPAY LOANS, BOOST CAPITAL Source text in Chinese: bit.ly/2yOalKT Further company coverage: ($1 = 7.0891 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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